Debt Delinquency Risk Hits Pandemic High After New Economic Survey

A New York Fed survey shows Americans are increasingly worried about missing debt payments as the perceived probability of delinquency rose to 15.3% this month.While some households remain optimistic, the economy remains "K"-shaped with rising credit card balances and job loss fears affecting low-income workers and seniors.These concerns follow discussions on "The Excerpt" where Donald Trump pressured the Fed to lower rates amid 2025 economic uncertainty and shifting tariff policies.